Corteva Shares Fall About 20% in First Earnings Since Breakup
Corteva shares traded down about 20% as investors questioned the company's prospects following its corporate split last month. The company is losing pricing power in Brazil, its second-largest market by sales after the U.S.
By Patrick ThomasShares of pesticide giant Corteva traded down about 20% as investors grew skeptical about the company's prospects following its corporate split last month.Corteva is losing pricing power in Brazil, its second-largest market in terms of sales behind the U.S. Rising costs and limited…